BTC, Gold Jump as Shutdown Delays Data, Fuels Rate-Cut Bets: Crypto Daybook Americas

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) may be entering a decisive phase as macro and crypto-specific forces converge. With the U.S. government shutdown and traditional market indicators like employment reports delayed, traders are leaning into alternative assets, especially bitcoin and gold. BTC climbed to $120,000 after rallying 9% this week, while gold rose 2.9% to touch $3,900. The shutdown has furloughed over 90% of SEC staff and left the CFTC with a skeleto ...